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Bombay High Court Allows Revision Against Wakf Tribunal's Refusal of Temporary Injunction in Property Possession Suit. Wakf Board's Claim of Public Wakf Property Supported by Registration and Gazette Notification.

The Maharashtra State Board of Wakf filed a Civil Revision Application under Section 83(9) of the Wakf Act, 1995, challenging an order of the Wakf Tri...

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Supreme Court Allows Bank's Appeal in Evacuee Property Dispute, Holding Joint Family Firm Not Exempt from Vesting. Cash Deposit of Hindu Joint Family Firm Held to Be Evacuee Property, Vested in Pakistan Custodian, Extinguishing Bank's Liability under Private International Law.

The dispute arose from a cash credit account maintained by M/s. Ghamandi Ram Gurbax Rai, a joint Hindu family firm, with the Imperial Bank of India in...

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Supreme Court Examines Bona Fides of Insolvency Proceedings by Telecom Service Providers to Avoid AGR Dues. The Court held that no fresh dispute on AGR dues can be raised after final judgment and that spectrum cannot be subject of IBC proceedings.

The Supreme Court was hearing miscellaneous applications in the ongoing litigation concerning the definition of Adjusted Gross Revenue (AGR) and the p...

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Deemed Conveyance under MOFA Cannot Be Set Aside Merely on Technical Objections When Developer Fails to Execute Conveyance – Bombay High Court

The dispute arose when a cooperative housing society sought deemed conveyance of the land and building from the developer who had failed to execute th...

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Supreme Court Allows Bank's Appeal, Holds Borrower of Project Loan Not a Consumer Under Consumer Protection Act, 1986. Loan availed for commercial purpose of film post-production excludes company from consumer definition under Section 2(1)(d)(ii).

The Supreme Court considered two appeals arising from an order of the National Consumer Disputes Redressal Commission (NCDRC) dated 30.08.2023. The ap...

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Bombay High Court Allows Revenue's Appeal in TDS Dispute — Storage Charges for Hiring Tanks Constitute Rent Under Section 194I. Payment for use of storage tanks for imported edible oil is 'rent' under Section 194I of the Income Tax Act, 1961, requiring TDS at 20%, not 2% under Section 194C.

The case involves two appeals by the Commissioner of Income Tax (TDS) against a common order of the Income Tax Appellate Tribunal (ITAT) relating to t...